Organisation Of Petroleum Exporting CountriesFOLLOW
Organisation of petroleum exporting countries, Latest News
The Organization of the Petroleum Exporting Countries is an intergovernmental organization or cartel of 13 countries. Founded on 14 September 1960 in Baghdad by the first five members, it has since 1965 been headquartered in Vienna, Austria, although Austria is not an OPEC member state. Read More
Russian President Vladimir Putin has had a phone call with Saudi Crown Prince Mohammed bin Salman during which they discussed the crises in Ukraine and Yemen, as well as the OPEC+ deal on oil cuts, the Kremlin said on Saturday. ...
Oil prices tumbled more than 6 per cent, adding to Monday's drop of more than 5 per cent, as both the New York- and London-traded benchmarks settled below the key USD 100 per barrel mark for the first time since the start of Russia's "special militar ...
Oil prices extended their tumble on Tuesday, falling more than 5 per cent for the second day in a row based on international efforts to mediate over the Russia-Ukraine conflict and on renewed COVID-19 measures implemented by China after an unexpected ...
Transportation fuel demand shows signs of improving to pre-pandemic levels from FY23 as visible from petroleum product sales for the OMCs (oil marketing companies) which increased between 8 per cent -11 per cent during the nine months ended December ...
The Ministry of Energy and Infrastructure has affirmed that the UAE remains fully committed to the Declaration of Cooperation (OPEC+) and reiterates that any decisions will be taken collectively by the OPEC+ group in its next Ministerial meeting. ...
